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10 House Bill No. 29. [1760- '61
3 any compensation for any agency in negotiating any
4 business with the bank or its agencies in procuring die-
5 counts, renewing notes, or receiving monies for individu-
6 als or notes discounted, and any such director or other
7 officer thus receiving compensation shall be removed from
8 office and be disqualified from hereafter holding any office
9 in said bank or any of its agencies.
Sec. 19. Be itfurther enacted, That whenever such bank
2 shall suspend specie payment for ninety days, unless
3 under the advice and consent of the governor and council,
4 it shall pay to the public treasurer four per cent, on the
5 amount in circulation at the time of said susj)ension, to
6 be ascertained upon the oath of the cashier and collected
7 by the treasurer of the State.
Sec. 20. Beitfmother enacted. That in any suitto whicii
2 said bank is a party in interest, in which the question of
3 usury is involved, the cashier, agent or other officer of
4 said bank shall be a competent witness against said bank,
5 notwithstanding said cashier, agent or other officer may
6 be the payee, drawer, endorser or ac ceptor of the bond,
7 note or bill sought to be avoided or impeached for usury
8 or which is alleged to be usurious.
Sec. 21. Be it further enacted, That said bank shall at
2 no time have in circulation more than three times the
3 amount of specie in the vaults, nor more than twice the
4 amount of the capital stock actually paid in.
Sec. 22. Be it further enacted, That this act shall be in
2 force from and after its ratification.

10 House Bill No. 29. [1760- '61
3 any compensation for any agency in negotiating any
4 business with the bank or its agencies in procuring die-
5 counts, renewing notes, or receiving monies for individu-
6 als or notes discounted, and any such director or other
7 officer thus receiving compensation shall be removed from
8 office and be disqualified from hereafter holding any office
9 in said bank or any of its agencies.
Sec. 19. Be itfurther enacted, That whenever such bank
2 shall suspend specie payment for ninety days, unless
3 under the advice and consent of the governor and council,
4 it shall pay to the public treasurer four per cent, on the
5 amount in circulation at the time of said susj)ension, to
6 be ascertained upon the oath of the cashier and collected
7 by the treasurer of the State.
Sec. 20. Beitfmother enacted. That in any suitto whicii
2 said bank is a party in interest, in which the question of
3 usury is involved, the cashier, agent or other officer of
4 said bank shall be a competent witness against said bank,
5 notwithstanding said cashier, agent or other officer may
6 be the payee, drawer, endorser or ac ceptor of the bond,
7 note or bill sought to be avoided or impeached for usury
8 or which is alleged to be usurious.
Sec. 21. Be it further enacted, That said bank shall at
2 no time have in circulation more than three times the
3 amount of specie in the vaults, nor more than twice the
4 amount of the capital stock actually paid in.
Sec. 22. Be it further enacted, That this act shall be in
2 force from and after its ratification.